Women CEO's

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Women CEO's

by sanp_l » Wed Sep 02, 2009 11:34 pm
The number of women directors appointed to corporate boards in the United States has increased dramatically, but the ratio of female to male directors remains low. Although pressure to recruit women directors, unlike that to employ women in the general work force, does not derive from legislation, it is nevertheless real.
Although small companies were the first to have women directors, large corporations currently have a higher percentage of women on their boards. When the chairs of these large corporations began recruiting women to serve on boards, they initially sought women who were chief executive officers (CEO's) of large corporations. However, such women CEO's are still rare. In addition, the ideal of six CEO's (female or male) serving on the board of each of the largest corporations is realizable only if every CEO serves on six boards. This raises the specter of director over-commitment and the resultant dilution of contribution. Consequently, the chairs next sought women in business who had the equivalent of CEO experience. However, since it is only recently that large numbers of women have begun to rise in management, the chairs began to recruit women of high achievement outside the business world. Many such women are well known for their contributions in government, education, and the nonprofit sector. The fact that the women from these sectors who were appointed were often acquaintances of the boards' chairs seems quite reasonable: chairs have always considered it important for directors to interact comfortably in the boardroom.
Although many successful women from outside the business world are unknown to corporate leaders, these women are particularly qualified to serve on boards because of the changing nature of corporations. Today a company's ability to be responsive to the concerns of the community and the environment can influence that company's growth and survival. Women are uniquely positioned to be responsive to some of these concerns. Although conditions have changed, it should be remembered that most directors of both sexes are over fifty years old. Women of that generation were often encouraged to direct their attention toward efforts to improve the community. This fact is reflected in the career development of most of the outstandingly successful women of the generation now in their fifties, who currently serve on corporate boards: 25 percent are in education and 22 percent are in government, law, and the nonprofit sector.
One organization of women directors is helping business become more responsive to the changing needs of society by raising the level of corporate awareness about social issues, such as problems with the economy, government regulation, the aging population, and the environment. This organization also serves as a resource center of information on accomplished women who are potential candidates for corporate boards.

Q: All of the following are examples of issues that the organization described in the last paragraph would be likely to advise corporations on EXCEPT
(A) long-term inflation
(B) health and safety regulations
(C) retirement and pension programs
(D) the energy shortage
(E) how to develop new markets


OA- D

I answered it as Option B. How can energy shortage not be included under environment stated in the last paragraph? can someone kindly explain. On the contrary health and safety regulations can't be truly included under age or environment.

Please help.
Sandy

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Re: Women CEO's

by way2kailash » Thu Sep 03, 2009 7:56 am
I think health and safety regulations come under Government regulations.
sanp_l wrote: I answered it as Option B. How can energy shortage not be included under environment stated in the last paragraph? can someone kindly explain. On the contrary health and safety regulations can't be truly included under age or environment.

Please help.

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by goelmohit2002 » Thu Sep 03, 2009 10:36 am
Can someone please tell why E is incorrect ? under which category the same falls ?

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by mehravikas » Thu Sep 03, 2009 1:08 pm
I am not able to understand why is 'E' incorrect?

under what category does it falls?

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by scoobydooby » Fri Sep 04, 2009 4:02 am
sanp_l,

what is the source? is there an OE?

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by sandsmiley » Tue Sep 08, 2009 11:28 am
i opted for D... logic i used is...
(A) long-term inflation - economy
(B) health and safety regulations - government regulation
(C) retirement and pension programs -aging population
(D) the energy shortage - ?
(E) how to develop new markets - economy

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by sandsmiley » Tue Sep 08, 2009 11:29 am
i opted for D... logic i used is...
(A) long-term inflation - economy
(B) health and safety regulations - government regulation
(C) retirement and pension programs -aging population
(D) the energy shortage - ?
(E) how to develop new markets - economy

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by goelmohit2002 » Tue Sep 08, 2009 11:34 am
sandsmiley wrote:i opted for D... logic i used is...
(A) long-term inflation - economy
(B) health and safety regulations - government regulation
(C) retirement and pension programs -aging population
(D) the energy shortage - ?
(E) how to develop new markets - economy
how can developing new markets be a economic problem...can you please explain your reasoning for the same ?

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by sanp_l » Tue Sep 08, 2009 11:10 pm
@ scoobydooby : I got the question from LSAT RC doc. No explanations as to why an answer is correct is given.

I am still unable to understand how Option D stands correct. Can anyone else help.
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by tanviet » Sat Jan 16, 2010 2:17 am
"new market" is not relevant to "economy" so E is correct

"energy" is relevant to " economy, D is wrong

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by Demi » Wed Feb 24, 2010 11:57 pm
I don't really understand the sentence below. Could anybody kindly explain it for me? Thanks a lot!

In addition, the ideal of six CEO's (female or male) serving on the board of each of the largest corporations is realizable only if every CEO serves on six boards. This raises the specter of director over-commitment and the resultant dilution of contribution.

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by gmat800_ » Mon Mar 01, 2010 10:57 am
IMO E..